Homegrown crypto broker BitOasis receives active operational go ahead from Dubai’s regulator
BitOasis, the first homegrown crypto broker out of UAE, has reverted back to active operational status, allowing it to onboard new clients, while it awaits approval for its full operational VASP license from Dubai’s virtual asset regulatory authority (VARA). As per VARA’s website, under active MVP operational status, BitOasis Technologies FZE Virtual Asset Service Provider […]
After OKX, crypto.com is now fully licensed in the UAE
Crypto.com is now fully operational in the UAE after receiving the final approval from Dubai’s virtual asset regulatory authority VARA. In its press release Crypto.com, announced that its Dubai entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) and is launching the Crypto.com Exchange for institutional […]
Aquanow receives most comprehensive crypto license from Dubai’s virtual asset regulator
Dubai’s virtual asset regulator has awarded its 20th VASP ( Virtual asset service provider license) to Canadian based Aquanow. This is considered the most comprehensive license to date as it includes not only a crypto brokerage license but also crypto lending, borrowing and investment. VARA ( Virtual asset regulatory Authority) for Dubai had stated in […]
UAE license is a gamechanger for OKX
OKX has become the first global crypto exchange to receive a full VASP license from Dubai’s virtual asset regulatory authority VARA. The license remains non-operational until OKX fully satisfies all remaining conditions and select localisation requirements defined by VARA, following which it will be able to commence operations, subject to regulatory reverification and approval. OKX […]
Post CZ, The future of Binance in the UAE and Globally
For most the Binance saga with U.S. regulator the SEC (Securities and Commodities Exchange) has come to an end. The end while better than FTX’s demise is still a big question mark and there are more queries than answers. Will Binance eventually be fully regulated as a crypto exchange in the UAE and if not […]
DLA Piper’s TOKO receives crypto broker license from Dubai’s VARA regulatory authority
TOKO FZE has received a full operating license from Dubai’s Virtual Asset Regulatory Authority (VARA), allowing the entity to undertake Virtual Asset Broker Dealer and Exchange services as a full market offering in and from the Emirate of Dubai. As a Web3 FinTech born out of a leading Tier 1 multinational law firm DLA Piper, TOKO recognizes […]
